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AES Aes Corp

19.568
0.054 (0.28%)
17 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Aes Corp TG:AES Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.054 0.28% 19.568 19.506 19.63 19.714 19.446 19.714 31 22:50:14

AES Chile Generation Unit Completes $248 Million Capital Increase

09/02/2009 8:27pm

Dow Jones News


Aes (TG:AES)
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AES Gener SA (GENER.SN), the Chilean power generation unit of AES Corp. (AES), completed a $248 million capital increase, the company said Monday.

The power generator said investors subscribed 938 million new shares during the capital increase at 162.50 Chilean pesos ($0.27) per share.

AES, through the investment vehicle Inversiones Cachagua Ltda. acquired 667 million of these shares, holding its stake at around 71% of the generator, AES Gener said in a statement.

The funds from the increase will partially finance the company's investment plans, which includes new power plants on the northern SING grid and the central SIC grid.

In late Monday trading on the Santiago Stock Exchange, AES Gener was trading 0.4% lower from the previous close, at CLP208.00, while the Ipsa blue-chip index was gaining 0.06%. In the past 52 weeks, AES Gener has traded at a high of CLP228.08 and a low at CLP145.00.

-By Carolina Pica, Dow Jones Newswires; 56-2-820-4244; carolina.pica@dowjones.com

 
 

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